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Boeing Plant Planned for China


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2016 Dec 7, 10:50pm   4,459 views  9 comments

by Entitlemented   ➕follow (0)   💰tip   ignore  

Is it our Lawyers and Managers who are traitors. Is this any different than 1792 France?

"Not only is China demanding Boeing open a plant in China, the intent of such a plant provides an opportunity to explain why Trump, and his approach, is vitally important – and time is wasting.

China is refusing to trade with (buy) Boeing products if the company does not move. Why? It’s not about putting Chinese people to work, it’s about China importing their research and development, Boeing’s production secrets, into their country so they can learn, steal and begin to manufacture their own airliners.

This is just how China works.

In time, Comac, a state-owned, Shanghai-based aerospace company will then use the production secrets they have stolen, produce their own airliners, kick out Boeing, undercut the market, and sell cheaper manufactured airplanes to the global economy.

Boeing, the great American company that Jeb Bush thinks they are, becomes yet another notch on the Asian market belt.

All of those Boeing workers, those high-wage industrial skill jobs that support the American middle class, yeah – those jobs lost. And the cycle continues.

Of course Wall Street will be invested in the cheaper Chinese aerospace manufacturing company Comac, as it emerges as a manufacturing power.

This reality within this story is a peek into the future of the fundamental disconnect between Wall Street (grows again) and Main Street (lost jobs/wages). The reality within this example is exactly what has taken place over the past three decades.

Wall Street entities like Goldman Sachs will be fine. Ted and Heidi Cruz will be fine; Jeb Bush, Marco Rubio, Nikki Haley, Carly Fiorina, Mitt Romney, John Kasich will also be fine – it’s middle America who suffers."

Comments 1 - 9 of 9        Search these comments

1   RealEstateIsBetterThanStocks   2016 Dec 7, 11:25pm  

and when we don't move there, they move here (Faraday Future).

3   Y   2016 Dec 8, 6:20am  

This actually works to our favor.
Let them pay for and build it.
Then we claim eminent domain...

Mark D says

and when we don't move there, they move here (Faraday Future).

4   Tenpoundbass   2016 Dec 8, 7:34am  

It's our business people that agree to their demands, that needs to be hung in public squares and spat on.
Can't blame China for "asking".

5   RealEstateIsBetterThanStocks   2016 Dec 8, 11:38pm  

Entitlemented says

https://electrek.co/2016/07/05/faraday-future-meaningful-funding-round-ev-factory/

- Touché

that was back in July. their Vegas factory construction was suspended a month ago due to lack of fund. they said it will resume next year. will see.

6   RealEstateIsBetterThanStocks   2016 Dec 8, 11:40pm  

Ranina ranina says

This actually works to our favor.

Let them pay for and build it.

Then we claim eminent domain...

Mark D says

and when we don't move there, they move here (Faraday Future).

i heard it would create 4500 jobs in Vegas. but i'm sure they'll poach engineers from Tesla and secretly bring the technologies back to China before they even sell the cars.

7   Entitlemented   2016 Dec 9, 9:00am  

Tenpoundbass says

It's our business people that agree to their demands, that needs to be hung in public squares and spat on.

Can't blame China for "asking".

When I see the Business people at large firms, they are all about themselves. Its sort of a greed centric viewpoint that is Unamerican.

I vote for bring back the Guillotine....

8   Entitlemented   2016 Dec 9, 3:48pm  

Got other people ignoring the economy and manufacturing. China buys up so much, Airbus, Boeing going over to China.

We have the Chinese Civil Engineering firms making our bridges, computers, IC, clothes, and no one pays attention.

Everyone is yelling that manufacturing is great. Except those that used to work in it.

I hope that everying can be an analyst and that we can outsource our way to properity, but not sure if this is sustainable.

9   HEY YOU   2016 Dec 9, 6:40pm  

Every american job/manufacturing plant that has ever been outsourced will be brought back or a 35% tariff
placed on those imported goods.
Trumpo said so.
He's not sworn in & he has saved how many jobs?
750

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